# Council Decision of 21 December 1978 concerning the conclusion of the Agreement between the European Economic Community, the Member States and the International Development Association (79/195/EEC), Division Section 7


The proceeds of each Special Action Credit may be used for expenditures in the currency of the borrowing country or for goods produced in, or services supplied from, (i) any of the Member States; (ii) developing countries which are members of the Association and which could be recipients of a Special Action Credit, as determined by the administrator at the time of the agreement of the credit.

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Source: https://www.legislation.gov.uk/eudn/1979/195/attachment/1/division/ARTICLE II/division/Section 7 (the official version)
Page: https://openlegislation.uk/eu-decision-1979-195/attachment-1/division-ARTICLE II/division-Section 7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.